tradedesk.rbtrading.site / reactions
How do markets react to economic releases?
80 market and release pairs, measured on 1695 releases. Each page answers one question from the Desk's own history: how far the market has typically moved in the first 30 minutes and 4 hours after the print, how often that first move held, and what it did when the figure beat or missed the forecast. Among the currency pairs, the biggest typical first 30 minutes is USD/JPY after NFP, at 37 pips.
NFP
EUR/USD after NFPtypical 19 pips in 30 min · held 16/22Gold after NFPtypical 0.39% in 30 min · held 17/21USD/JPY after NFPtypical 37 pips in 30 min · held 16/23S&P 500 after NFPtypical 0.29% in 30 min · held 14/21Nasdaq 100 after NFPtypical 0.42% in 30 min · held 13/21Bitcoin after NFPtypical 0.42% in 30 min · held 14/23US 10Y yield after NFPtypical 1.6 bp in 30 min · held 16/19Dollar index after NFPtypical 0.18% in 30 min · held 16/21
US CPI
EUR/USD after US CPItypical 23 pips in 30 min · held 12/23Gold after US CPItypical 0.24% in 30 min · held 12/22USD/JPY after US CPItypical 25 pips in 30 min · held 11/23S&P 500 after US CPItypical 0.29% in 30 min · held 16/23Nasdaq 100 after US CPItypical 0.35% in 30 min · held 15/22Bitcoin after US CPItypical 0.40% in 30 min · held 14/23US 10Y yield after US CPItypical 2.3 bp in 30 min · held 12/23Dollar index after US CPItypical 0.16% in 30 min · held 12/23
FOMC
EUR/USD after FOMCtypical 23 pips in 30 min · held 13/16Gold after FOMCtypical 0.65% in 30 min · held 9/16USD/JPY after FOMCtypical 32 pips in 30 min · held 12/16S&P 500 after FOMCtypical 0.42% in 30 min · held 13/15Nasdaq 100 after FOMCtypical 0.45% in 30 min · held 10/16Bitcoin after FOMCtypical 0.75% in 30 min · held 12/16US 10Y yield after FOMCtypical 2.0 bp in 30 min · held 12/16Dollar index after FOMCtypical 0.26% in 30 min · held 13/16
Core CPI
EUR/USD after Core CPItypical 22 pips in 30 min · held 12/22Gold after Core CPItypical 0.21% in 30 min · held 12/21USD/JPY after Core CPItypical 27 pips in 30 min · held 11/22S&P 500 after Core CPItypical 0.29% in 30 min · held 15/22Nasdaq 100 after Core CPItypical 0.34% in 30 min · held 14/21Bitcoin after Core CPItypical 0.34% in 30 min · held 14/22
Core PCE
EUR/USD after Core PCEtypical 11 pips in 30 min · held 13/21Gold after Core PCEtypical 0.23% in 30 min · held 14/21USD/JPY after Core PCEtypical 9.2 pips in 30 min · held 13/22S&P 500 after Core PCEtypical 0.13% in 30 min · held 10/22Nasdaq 100 after Core PCEtypical 0.23% in 30 min · held 11/21Bitcoin after Core PCEtypical 0.26% in 30 min · held 12/22
US PPI
EUR/USD after US PPItypical 11 pips in 30 min · held 19/21Gold after US PPItypical 0.28% in 30 min · held 11/22USD/JPY after US PPItypical 16 pips in 30 min · held 15/22S&P 500 after US PPItypical 0.15% in 30 min · held 16/22Nasdaq 100 after US PPItypical 0.22% in 30 min · held 15/22Bitcoin after US PPItypical 0.33% in 30 min · held 11/21
Retail sales
EUR/USD after Retail salestypical 9.6 pips in 30 min · held 11/22Gold after Retail salestypical 0.27% in 30 min · held 13/23USD/JPY after Retail salestypical 13 pips in 30 min · held 16/24S&P 500 after Retail salestypical 0.09% in 30 min · held 16/24Nasdaq 100 after Retail salestypical 0.14% in 30 min · held 15/24Bitcoin after Retail salestypical 0.30% in 30 min · held 15/24
US GDP
EUR/USD after US GDPtypical 14 pips in 30 min · held 13/22Gold after US GDPtypical 0.35% in 30 min · held 13/24S&P 500 after US GDPtypical 0.13% in 30 min · held 14/24
ISM manufacturing
EUR/USD after ISM manufacturingtypical 9.4 pips in 30 min · held 12/21Gold after ISM manufacturingtypical 0.18% in 30 min · held 12/22S&P 500 after ISM manufacturingtypical 0.22% in 30 min · held 12/22
ISM services
EUR/USD after ISM servicestypical 5.7 pips in 30 min · held 16/23Gold after ISM servicestypical 0.16% in 30 min · held 13/24S&P 500 after ISM servicestypical 0.15% in 30 min · held 15/22
Jobless claims
EUR/USD after Jobless claimstypical 7.8 pips in 30 min · held 14/22Gold after Jobless claimstypical 0.26% in 30 min · held 10/23S&P 500 after Jobless claimstypical 0.13% in 30 min · held 12/23
US unemployment
EUR/USD after US unemploymenttypical 19 pips in 30 min · held 15/22Gold after US unemploymenttypical 0.39% in 30 min · held 14/20S&P 500 after US unemploymenttypical 0.29% in 30 min · held 13/21
ECB
EUR/USD after ECBtypical 12 pips in 30 min · held 9/14DAX after ECBtypical 0.15% in 30 min · held 11/14
BoE
GBP/USD after BoEtypical 19 pips in 30 min · held 10/16FTSE 100 after BoEtypical 0.21% in 30 min · held 10/16
BoJ
USD/JPY after BoJtypical 28 pips in 30 min · held 12/16Nikkei 225 after BoJtypical 0.19% in 30 min · held 9/13
BoC
RBA
RBNZ
SNB
UK CPI
UK GDP
Eurozone CPI
Canada jobs
Canada CPI
Australia jobs
Japan CPI
Every release, before it prints
The free section's news calendar carries a Playbook on every release: the same measured history, for the markets you trade, before the figure lands.
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